Market Size of United Arab Emirates Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Furniture Market Analysis
The furniture business in the UAE is one of the major businesses uplifted by the real estate sector. Increased construction activity, both, in residential as well as commercial real estate space, rising urbanization, and growth of disposable income are some of the major factors attributing to the growth of the furniture market in the region.
Furthermore, in the United Arab Emirates, people increased their spending on home renovation, such as living room and kitchens, and they are investing in higher-quality products, which is further increasing the demand for furniture products in the region. The country also has a large expatriate population, belonging to varied regions and countries, who are having diverse interests in furniture designs. Furthermore, these factors are further fueling the demand for furniture in the country.
The country meets a major portion of its furniture demand, especially wooden furniture, from imports, mainly from countries, such as China, Italy, Germany, Poland, Turkey Malaysia, and Vietnam. The United Arab Emirates is also emerging as a re-export hub among the GCC countries. The country reexports imported furniture products to other Gulf countries and countries, like Kenya and Lebanon.
